Historical Cost Is the Basis Advocated for Recording the Acquisition

Historical cost is the basis advocated for recording the acquisition of property, plant, and equipment for all of the following reasons except

A) at the date of acquisition, cost reflects fair value.
B) property, plant, and equipment items are always acquired at their original historical cost.
C) historical cost involves actual trans?actions and, as such, is the most reliable basis.
D) gains and losses should not be anticipated but should be recognized when the asset is sold.